500 E Amado Road 511, Palm Springs, California 92262, Palm Springs, 92262 - 1 bed, 2 bath
ACTIVE$272,000
500 E Amado Road 511, Palm Springs, California 92262
1Bed
2Baths
736Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Downtown Location: The property is ideally situated just three blocks from vibrant Downtown Palm Springs, offering convenient access to dining, entertainment, and cultural attractions.
Top Cons:
Renovation Required: The description's emphasis on 'Transform, Reimagine' suggests that while the kitchen has updates, other areas of the unit likely require significant renovation and investment to modernize.
Compared to the nearby listings
Price:$272.0K vs avg $337.0K ($-65,000)31%
Size:736 sqft vs avg 1,068 sqft30%
Price/sqft:$370 vs avg $34858%
More Insights
Built in 1986 (39 years old).
Condition: Built in 1986, this property is nearly 40 years old. While the kitchen features granite countertops, a tiled backsplash, and updated flooring, some appliances (range, microwave, dishwasher) and the fluorescent ceiling light are dated. The bathroom is significantly outdated with tiled countertops, an integrated sink, Hollywood-style vanity lighting, and older cabinets. The overall condition suggests the home has been maintained but requires minor to moderate updates and renovations, particularly in the bathroom, to meet current aesthetic and functional standards, aligning with the 'Fair' category.
Year Built
1986
Close
-
List price
$272K
Original List price
$317K
Price/Sqft
$370
HOA
$515
Days on market
-
Sold On
-
MLS number
219132282DA
Home ConditionFair
Features
Good View:
Deck
View-
About this home
Transform, Reimagine, and Thrive in the Heart of Palm Springs. Welcome to the iconic PS Deauville, a celebrated community designed by renowned architect Hugh Kaptur, AIA. This is a rare opportunity to transform and reimagine this condominium as your primary residence, a stylish second home, or an income-generating desert retreat. Granite countertops, tiled backsplash & floors in kitchen. Located just three blocks from vibrant Downtown Palm Springs, The PS Deauville offers unmatched resort-style amenities including a clubhouse, three sparkling pools and spas, two tennis courts, a fitness center, bike storage, and virtually unlimited underground parking with storage. Whether you're looking to relax or generate fantastic rental income (with a 14-day minimum policy), this opportunity offers ultimate flexibility and lifestyle appeal. Don't miss your chance to own a piece of Palm Springs paradise--where location, luxury, and lifestyle come together.
Nearby schools
7/10
Katherine Finchy Elementary School
Public,•K-5•0.7mi
4/10
Raymond Cree Middle School
Public,•6-8•1.2mi
4/10
Desert Learning Academy
Public,•K-12•1.4mi
6/10
Palm Springs High School
Public,•9-12•1.4mi
Condition Rating
Fair
Built in 1986, this property is nearly 40 years old. While the kitchen features granite countertops, a tiled backsplash, and updated flooring, some appliances (range, microwave, dishwasher) and the fluorescent ceiling light are dated. The bathroom is significantly outdated with tiled countertops, an integrated sink, Hollywood-style vanity lighting, and older cabinets. The overall condition suggests the home has been maintained but requires minor to moderate updates and renovations, particularly in the bathroom, to meet current aesthetic and functional standards, aligning with the 'Fair' category.
Pros & Cons
Pros
Prime Downtown Location: The property is ideally situated just three blocks from vibrant Downtown Palm Springs, offering convenient access to dining, entertainment, and cultural attractions.
Extensive Resort-Style Amenities: Residents benefit from a wealth of community amenities including a clubhouse, three pools and spas, two tennis courts, a fitness center, bike storage, and ample underground parking.
Strong Income-Generating Potential: With a flexible 14-day minimum rental policy, the condominium presents an excellent opportunity for generating significant rental income as a desert retreat.
Architectural Significance: Located within the iconic PS Deauville community, designed by renowned architect Hugh Kaptur, AIA, adding historical and design value.
Recent Price Reduction: The listing price has seen multiple reductions, from an original $317,000 to the current $272,000, indicating increased value and potential for a favorable purchase.
Cons
Renovation Required: The description's emphasis on 'Transform, Reimagine' suggests that while the kitchen has updates, other areas of the unit likely require significant renovation and investment to modernize.
High Association Fees: The monthly association fee of $515.0 is a substantial ongoing cost, which could impact affordability and overall return on investment for some buyers.
Older Construction: Built in 1986, the property is nearly 40 years old, which may imply older infrastructure, systems, and a need for general updates beyond the kitchen to meet contemporary standards.